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used to highlight the situation. This paragraph should include the phrases "substantial doubt" and"going concern." Under ISAs, the report uses the phrase "significant doubt", rather than "substantial doubt."Choices "b", "d", and "c" are incorrect, per above. An auditor may reasonably issue an "except for" qualified opinion for a(an):ScopelimitationUnjustifiedaccountingchangea.NoYesb.YesNoc.NoNod.YesYesExplanationChoice "d" is correct. Yes - Yes.An "except for" qualified opinion is expressed when the "exceptions to GAAP" or scope restrictions are material but not pervasive.Choices "b", "a", and "c" are incorrect, based on the rule above. The following paragraph was included in an auditor's report to indicate a lack of consistency:"As discussed in note T to the financial statements, the company changed its method of computing depreciation in Year 2."How should the auditor report on this matter if the auditor concurred with the change?Type ofopinionLocationofparagraph
How does an auditor make the following representations when issuing the auditor's report on comparative financial statements under U.S. auditing standards?Obtainingevidencethatis sufficientand appropriateConsistentapplicationofaccountingprinciples